v3.26.1
Income taxes - Summary of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Mar. 31, 2025
Deferred tax liabilities:    
Foreign taxes $ (20,908) $ (18,128)
Fixed assets (3,410) (2,871)
Intangible assets (13,704) (10,329)
Others (12,081) (4,047)
Total deferred tax liabilities (50,103) (35,375)
Deferred tax assets:    
Stock-based compensation 19,186 24,125
Deferred revenue 22,446 0
Capitalized research and development 47,117 0
Goodwill 289,986 0
Net operating loss and other carryforwards 27,293 23,417
Investment in the LLC 0 435,802
TRA liability 60,524 0
Interest deduction on investment in the LLC 40,483 28,267
Foreign tax credits 17,065 13,632
Others 37,828 9,962
Total deferred tax assets 561,928 535,205
Valuation allowances (1,253) (1,052)
Total deferred tax assets, net of valuation allowances 560,675 534,153
Net deferred tax asset 510,572 498,778
The net deferred tax asset is classified as follows:    
Long-term asset 511,815 498,778
Long-term liability (1,243) 0
Total $ 510,572 $ 498,778